Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
M
mwellons
February 16, 2020
Question

Why can't I deduct College Tuition Expenses for my daughter? I've taken the Amer. Opp. credit the previous 4 years, can't I take the deduction this year?

  • February 16, 2020
  • 1 reply
  • 0 views
No text available

1 reply

J
JotikaT2
February 16, 2020

You cannot take the American Opportunity Credit for more than 4 years.

 

You may still be able to utilize the Lifetime Learning Credit or the Tuition and Fees deduction instead.  As you enter the information into TurboTax, the program will select the credit or deduction which is the most beneficial to you.

 

Attached is additional information on the requirements for each credit/deduction.

 

Chart comparing credits

 

Tuition & fees deduction

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
TurboTax Sign In Widget
TurboTax flag icon

Unlock tailored help options in your account

Create an account
TurboTax Expert Assist
TurboTax Expert

Get answers to all your tax questions

Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

Terms & ConditionsAccessibility statement
Intuit
TurboTax Credit Karma QuickBooks MailChimp

©1997-2022 Intuit, Inc. All rights reserved.
Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
of Intuit Inc. Terms and conditions, features, support, pricing, and service options
subject to change without notice.

Security Certification of the TurboTax Online application has been performed by
C-Level Security.

By accessing and using this page you agree to the Terms of Use.

Accessibility

TRUSTe nResult Certified e-File C-Level Security Certification